Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1887-01-29
News by Telegraph
FROM ALL QUARTERS.
BUSINESS FAIRLY GOOD
In Spite Of The Great
Strikes.
the Effect ON COMMERCE
Of Total Non-lntercourse
With Canada.
THE DOODLE IN BROOKLYN.
More EvictiOns On The
Winn Estate.
The DOODLE IN BROOKLYN.
THE WEEKLY REVIEW OF TRADE.

THE WEEKLY REVIEW OF TRAD
The Mark cts Comparatively strong I'm
View of The Serious Labor Tro n bles
MANY Branches of Industry Affect
ed BY The Big Strikes.
New YORK, Jan. 28.-R. g. Dun 6
Co.'s weekly review of trade says: The
strength of the markets is noteworthy in
view of the labor troubles which have af-
fected the weeks business more than many
realize. The strikes of coal handlers and
longshoremen here affect not only the coal
trade, but exports of grain, provisions and
cotton, tending to depress those markets.
The Massachusetts, movement for free shops
having nearly stopped boot and shoe manu-
facturers in important localities affects that
business and the leather trade. Speculation
has Jagged, as is usual, moderate sales being
the rule in the exchanges. Wheat after ad-
vancing to "a cents weakened because ex-
ports were checked and closed as q week
ago with corn shade lower and oats shade
higher. Cotton, coffee, sugar and pork
products are unchanged. Oil cent lower
and cattle a little lower. Receipts of Texas
meat in London call attention to the growing
dressed meat traffic. In 1883 shipments to
New York and New England were 493, 900
tons and of dressed beef 1873, 900 tons. In
1886 cattle shipments were only 332, 900,
while dressed beef shipments were 223, 900
tons. The New York average price of cattle
for 1885 and probably the lowest
yearly average for twenty-five years. The
butter trade is also dull and values uncertain.
In tobacco there is no improvement and last
years average was about the lowest on record
at New York as in Great Britain. Low prices
are partly due to low freight rates, but the
market for many agricultural staples is 9TH
erwise depressed, fact to be remembered in
judging of the probable purchases of manu-
featured goods by farmers. Dry goods tend
upward. Prints are higher, many varieties
of printed cotton having advanced with
active trade Woolens failed to advance in
spite of higher prices. The large sales of
heavy woolens last year impede improvement
and orders from farming sections do not an
swer expectations. Wool sales have been
17h per cent. larger thus far than
last year, but inability to move
prices of goods upward tends to
check the advance in material. The auction
sale of woolens resulted in prices not very
encouraging. Iron continues to strengthen;
though official reports show that 6,366, 68S
net tons were produced last year, stocks were
diminished 1877 ,008 tons, indicating the larg-
est consumption on record. All the southern
States increased production only 1868
tons, however, against 1854, 131 increase in
Ohio alone and SAT, 793 in Pennsylvania.
The speculative fever fills the southern pa
pers with notices of new corporations and
conservative journals utter warnings Money
comes out of the treasury slowly, only $780,
600 for the week, and silver receipts at New
York are seventeen per cent. of the total.
Though the Bank of England gained "a, 0O0,-
900 last week, exchange rises toward the gold
export point. No important financial action
by Congress is now expected and
railroad presidents have been convened by
Mr.. Fink to consider the inter State bill, the
signature of which is deemed certain. Re-
ports show large gains in railway earnings,
but in most cases as large an increase in ex
penses The movement of freight continues
heavy, 81, 1856 cars having passed Indianapo-
lis last week.
The business failures throughout the
country during the last week number for the
United States 1856 and for Canada 80 or a
total of 271 as compared with total of 301
last week, 1913 the week previous and 3S9 for
the corresponding week of 1886. In New
York city and the New England States the
failures were very light, the bulk of the fail
ures of the week being reported from the
western. Pacific and southern States